Are Canada government interest free loans a good alternative to grants?

Yes, there are interest free loan programs offered to businesses from the government, although they have suffered recent cutbacks. The interest free green loan program instituted by the government to assist green businesses. These are companies that promote energy efficiency and job creation has recently been terminated, however it is still possible to obtain no interest or low interest loans and small business grants through other means.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.